According to the public record, 7, Matfen Terrace, Newbiggin-By-The-Sea is a period freehold house with 1,065 ft2 of internal area and sits on a 87.6 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Matfen Terrace, Newbiggin-By-The-Sea, NE64 is located within the NE64 postal district.
7, Matfen Terrace, Newbiggin-By-The-Sea has 41 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated April 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Matfen Terrace Newbiggin-By-The-Sea as £106,988 and the rental value as £602 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 7 Matfen Terrace Newbiggin-By-The-Sea has increased by £608 (0.6%) and its rental value has increased by £49 per month (8.2%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, Matfen Terrace, Newbiggin-By-The-Sea is in very good condition we estimate a sale value of £112,338 and rental value of £632 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £99,499 and a rental value of £560 per month.
If you were able to purchase this property for the estimated value of £106,988, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £526 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 7, Matfen Terrace, Newbiggin-By-The-Sea sits on a plot of 88m2.
We have plot size data on 21 out of 47 other houses in the postcode and 7, Matfen Terrace, Newbiggin-By-The-Sea sits on the 14th largest plot.
According to HM Land Registry, 7, Matfen Terrace, Newbiggin-By-The-Sea was last sold on 09 Sep 2022 for £105,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Sep 2022, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Matfen Terrace, Newbiggin-By-The-Sea within a radius of 850 metres over the last 2 years.
The most recent example is 19, Matfen Terrace, Newbiggin-By-The-Sea, NE64 6XU, a Freehold house which sold for £105,000 in Feb 2024.
Read more about house prices in NE64.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Matfen Terrace, Newbiggin-By-The-Sea, NE64 has a total of 47 addresses. According to our analysis of all the public data, 7, Matfen Terrace, Newbiggin-By-The-Sea is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in NE64.
7, Matfen Terrace, Newbiggin-By-The-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Apr 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 7, Matfen Terrace, Newbiggin-By-The-Sea is Ashington station which is 3.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Matfen Terrace, Newbiggin-By-The-Sea, 44.4% of property is privately owned outright and 25.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Matfen Terrace, Newbiggin-By-The-Sea, 7.6% of residents are recorded as possessing school level qualifications and 18.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Matfen Terrace, Newbiggin-By-The-Sea, the average age was 44.9 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Matfen Terrace, Newbiggin-By-The-Sea, 0.5% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Matfen Terrace, Newbiggin-By-The-Sea, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.